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Atlantic Union Bankshares Corporation (AUB)
NYSE:AUB
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.82Last Year’s EPS
0.63Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 14.44%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced sentiment, with notable achievements in margin expansion, deposit growth, and a successful acquisition, offset by concerns about economic uncertainty, increased loan loss provisions, and higher noninterest expenses.Company Guidance
In the first quarter of 2025, Atlantic Union Bankshares reported several key financial metrics. The net interest margin expanded by 12 basis points, while the cost of funds decreased by 18 basis points. Average loan growth was 1.3% annualized quarter-over-quarter, despite loans held for investment decreasing by 0.9% annualized due to late quarter payoffs and credit paydowns. Deposit growth was 2.1% annualized, with noninterest-bearing deposits increasing by $194 million, representing 22% of total deposits. The credit quality remained solid with a net charge-off ratio of five basis points, and a loan loss provision expense of $17.6 million was recorded, raising the allowance for loan losses to 1.05% of loans held for investment. The company expects a full-year net charge-off ratio between fifteen and twenty-five basis points, with no forecasted recession but acknowledging economic uncertainty. The updated financial outlook includes the impact of the Sandy Spring acquisition, projecting year-end loan balances of $28-29 billion and deposit balances of $31-32 billion, with net interest margin expected to be 3.75-4.0% for the full year.Net Interest Margin Expansion
The company reported a 12 basis point expansion in net interest margin for the first quarter.
Deposit Growth Achievement
Atlantic Union Bankshares achieved a 2.1% annualized deposit growth in the first quarter.
Noninterest-Bearing Deposits Increase
Noninterest-bearing deposits increased by $194 million, representing 22% of total deposits.
Sandy Spring Acquisition Completion
The acquisition of Sandy Spring was completed ahead of schedule, with the expectation of accelerating cost savings.
Credit Quality and Low Charge-Offs
Credit remained solid with annualized net charge-offs at five basis points and otherwise mild credit trends.
Loan Growth Expected Post-Acquisition
The company expects mid-single-digit loan growth for the year and has a strong pipeline.
AUB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AUB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $26.04 | $26.15 | +0.42% |
Jan 23, 2025 | $37.10 | $35.82 | -3.45% |
Oct 21, 2024 | $37.71 | $35.18 | -6.71% |
Jul 25, 2024 | $38.87 | $39.65 | +2.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Atlantic Union Bankshares Corporation (AUB) report earnings?
Atlantic Union Bankshares Corporation (AUB) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Atlantic Union Bankshares Corporation (AUB) earnings time?
Atlantic Union Bankshares Corporation (AUB) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AUB EPS forecast?
AUB EPS forecast for the fiscal quarter 2025 (Q2) is 0.82.